As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands around 100 million people, according to Oxfam International.
Rampant corruption is another issue, and a multi-billion dollar bribery probe called Lava Jato or Car Wash has highlighted the kind of special treatment given to the few.
Reform is needed to bring down debt, tackle violence and fix the unjust public sector pensions system. Civil servants often retire in their early 50s on full pay, yet those born in the favelas (slums), are without access to basic services, according to Al Jazeera'sLucia Newman.
Northeastern Brazil is heavily populated, which makes it a magnet for politicians seeking election. "In this slum there's no sewerage, running water or other basic services ... 60 percent of people in Alagoas live in poverty. Their needs are not great and their pockets so empty, that they're easy prey during election season when politicians come here and buy as many people's votes for as little as $10," reports Newman.
Latin America economist EdwardGlossop of Capital Economics explains that to put Brazil back on track economically, "the main thing investors are looking for is pension reform and deep fiscal reform ... I think future governments will struggle to push this through because it's highly unpopular with the electorate. And also, the reform requires 3/5 majority in Congress and Brazil's Congress is massively fragmented."
According to Glossop, Brazil's digital economy won't be able to help pull the country out of recession - unlike in China and other parts of Asia.
"In places like Brazil, you really need to get the overall economy investment rate up in order to really reap the fruits of the digital economy."
"The business environment is still quite bad and the pension system is still quite generous, which means that domestic savings are very low - there's no incentive to save domestically. Therefore, the investment rate in the economy is too low."
"The digital economy will obviously grow in importance in Brazil [in the future], but it's not going to be a key to growth any time soon," says Glossop.
The cost of medicine
Drug company Nostrum Pharmaceuticals has recently hiked the price of a 65-year-old antibiotic mixture by 400 percent to $2,000 a bottle. Nostrum's wasn't the only price increase last month; it was one of 60, according to Wells Fargo.
From China to the United States, drug price hikes of essential medicines are coming under political scrutiny. In the absence of a world body deciding on the fair pricing of medicine, drugmakers can boost prices so they and middlemen can make bigger profits.
"Each country has its own healthcare system, its own healthcare budget, and by extension its own system of charging or deciding on what a new treatment should be priced at and what is a fair level," explains Gustav Ando, senior director and vice president within the Life SciencesGroup at IHS Markit.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/

published:06 Oct 2018

views:3175

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
And subscribe to Bloomberg Politics for the latest political news:
http://www.youtube.com/BloombergPolitics?sub_confirmation=1
Bloomberg is the FirstWord in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

published:02 Jun 2016

views:569104

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and the credit cards nightmare.
Visit Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
And don't forget to visit our friend’s podcast, ReconsiderMedia:
http://www.reconsidermedia.com/
Interesting links:
Credit cards in Brazil: https://www.youtube.com/watch?v=qcGuB...
Credit cards interest in Brazil: http://www.businessinsider.com/brazil...
Nintendo leaves Brazil: https://www.techspot.com/news/59374-n...
Installment culture leaves Brazilians with debts: https://www.ft.com/content/29ab1588-5...
VVAA. Has Brazil blown it?. The Economist. September 28th, 2013

published:08 Dec 2017

views:221449

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China. This time is no different.
The cure is simply self sustainability and financial responsibility. It comes down to you as an individual understanding money so you control money rather than being oblivious and controlled BY money.
Doing your own due diligence, you can be prepared for the inevitable to come. Of course fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so you cannot put a date on the crash, but you know it has to come, therefor it's important to understand the clear and present dangers.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
Featuring:
Josh Sigurdson
John Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/
Follow us on Twitter here:
https://twitter.com/WorldAltMedia
FIND US ON STEEMIT:
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BUYJOHN SNEISEN'S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1
DONATE HERE:
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Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072
BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU
Buy Tickets for G. Edward Griffin's much anticipated Red PillExpo 2018 in Spokane, Washington by clicking the link below:
https://redpillexpo.org/wam/ref/26/
WorldAlternative Media
2018
"Find the truth, be the change!"

published:10 Jun 2018

views:12898

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

published:29 Oct 2018

views:795

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

published:06 Apr 2017

views:4164

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more information: http://www.fpa.org/
Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions documentary series tackles a different challenge facing America today.
Executive Producer: MacDara KingLead Editor: DavidHeidelberger
info@fpa.org

published:14 Mar 2016

views:26665

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

Brazil's economy is the largest of Latin America and the second largest in the Western Hemisphere. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%, with its economy in 2012 surpassing that of the United Kingdom, making Brazil the world's sixth largest economy. However, Brazil's economy growth has decelerated in 2013 and had almost no liquid growth throughout 2014, and the country's economy is expected to shrink by 4% in 2015.

According to the World Economic Forum, Brazil was the top country in upward evolution of competitiveness in 2009, gaining eight positions among other countries, overcoming Russia for the first time, and partially closing the competitiveness gap with India and China among the BRIC economies. Important steps taken since the 1990s toward fiscal sustainability, as well as measures taken to liberalize and open the economy, have significantly boosted the country's competitiveness fundamentals, providing a better environment for private-sector development.

Bounded by the Atlantic Ocean on the east, Brazil has a coastline of 7,491km (4,655mi). It borders all other South American countries except Ecuador and Chile and occupies 47.3 percent of the continent of South America. Its Amazon River basin includes a vast tropical forest, home to diverse wildlife, a variety of ecological systems, and extensive natural resources spanning numerous protected habitats. This unique environmental heritage makes Brazil one of 17 megadiverse countries, and is the subject of significant global interest and debate regarding deforestation and environmental protection.

Aquarela do Brasil

"Aquarela do Brasil" (Portuguese:[akwaˈɾɛlɐ du bɾaˈziw], Watercolor of Brazil), known in the English-speaking world simply as "Brazil", is one of the most famous Brazilian songs, written by Ary Barroso in 1939.

Background and composition

Ary Barroso wrote "Aquarela do Brasil" in early 1939, when he was prevented from leaving his home one rainy night due to a heavy storm. Its title, a reference to watercolor painting, is a clear reference to the rain. He also wrote "Três Lágrimas" (Three teardrops) on that same night, before the rain ended.

Describing the song in an interview to Marisa Lira, of the newspaper Diário de Notícias, Barroso said that he wanted to "free the samba away from the tragedies of life, of the sensual scenario already so explored". According to the composer, he "felt all the greatness, the value and the wealth of our land", reliving "the tradition of the national panels".

Initially, he wrote the first chords, which he defined as "vibrant", and a "plangent of emotions". The original beat "sang on [his] imagination, highlighting the sound of the rain, on syncope beats of fantastic tambourins". According to him, "the rest came naturally, music and lyrics at once". He declared to have felt like another person after writing the song.

Brasil (mythical island)

Brasil, also known as Hy-Brasil or several other variants, is a phantom island said to lie in the Atlantic Ocean west of Ireland. Irish myths described it as cloaked in mist except for one day every seven years, when it became visible but still could not be reached.

Etymology of the name

The etymology of the names Brasil and Hy-Brasil is unknown, but in Irish tradition it is thought to come from the Irish Uí Breasail (meaning "descendants (i.e., clan) of Breasal"), one of the ancient clans of northeastern Ireland. cf.Old Irish: Í: island; bres: beauty, worth, great, mighty.

Despite the similarity, the name of the country Brazil has no connection to the mythical islands. The South American country was at first named Ilha de Vera Cruz (Island of the True Cross) and later Terra de Santa Cruz (Land of the Holy Cross) by the Portuguese navigators who discovered the land. After some decades, it started to be called "Brazil" (Brasil, in Portuguese) due to the exploitation of native Brazilwood, at that time the only export of the land. In Portuguese, brazilwood is called pau-brasil, with the word brasil commonly given the etymology "red like an ember", formed from Latinbrasa ("ember") and the suffix -il (from -iculum or -ilium).

Jair Bolsonaro

Jair Messias Bolsonaro (born March 21, 1955 in Campinas) is a Brazilian politician. He has been elected into the Chamber of Deputies by the Progressive Party, and has been the congressman who gained the most votes in the general elections of Rio de Janeiro in 2014. A controversial figure in Brazil, Jair Bolsonaro has been known for advocating in favor of extreme right-wing political views.

Political Career

In 1988, Bolsonaro has entered a public political career by being elect as city councilor in the capital city of Rio de Janeiro by the Christian Democratic Party. In the elections of 1990, he has been elected federal congressman of the same party. He has had other four consecutive terms. He has been affiliated with several other Brazilian political parties.

Along with his political career, Bolsonaro has aligned himself to nationalist, conservative, anti-left, anti-communist political views and stances. Bolsonaro openly defends the past militarist regime that had been installed in Brazil in 1964 and its subsequent dictatorship.

Guy Burton discusses Brazil's economy and its president-elect

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands around 100 million people, according to Oxfam International.
Rampant corruption is another issue, and a multi-billion dollar bribery probe called Lava Jato or Car Wash has highlighted the kind of special treatment given to the few.
Reform is needed to bring down debt, tackle violence and fix the unjust public sector pensions system. Civil servants often retire in their early 50s on full pay, yet those born in the favelas (slums), are without access to basic services, according to Al Jazeera'sLucia Newman.
Northeastern Brazil is heavily populated, which makes it a magnet for politicians seeking election. "In this slum there's no sewerage, running water or other basic services ... 60 percent of people in Alagoas live in poverty. Their needs are not great and their pockets so empty, that they're easy prey during election season when politicians come here and buy as many people's votes for as little as $10," reports Newman.
Latin America economist EdwardGlossop of Capital Economics explains that to put Brazil back on track economically, "the main thing investors are looking for is pension reform and deep fiscal reform ... I think future governments will struggle to push this through because it's highly unpopular with the electorate. And also, the reform requires 3/5 majority in Congress and Brazil's Congress is massively fragmented."
According to Glossop, Brazil's digital economy won't be able to help pull the country out of recession - unlike in China and other parts of Asia.
"In places like Brazil, you really need to get the overall economy investment rate up in order to really reap the fruits of the digital economy."
"The business environment is still quite bad and the pension system is still quite generous, which means that domestic savings are very low - there's no incentive to save domestically. Therefore, the investment rate in the economy is too low."
"The digital economy will obviously grow in importance in Brazil [in the future], but it's not going to be a key to growth any time soon," says Glossop.
The cost of medicine
Drug company Nostrum Pharmaceuticals has recently hiked the price of a 65-year-old antibiotic mixture by 400 percent to $2,000 a bottle. Nostrum's wasn't the only price increase last month; it was one of 60, according to Wells Fargo.
From China to the United States, drug price hikes of essential medicines are coming under political scrutiny. In the absence of a world body deciding on the fair pricing of medicine, drugmakers can boost prices so they and middlemen can make bigger profits.
"Each country has its own healthcare system, its own healthcare budget, and by extension its own system of charging or deciding on what a new treatment should be priced at and what is a fair level," explains Gustav Ando, senior director and vice president within the Life SciencesGroup at IHS Markit.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/

2:46

Brazil Is Unraveling Before Our Eyes

Brazil Is Unraveling Before Our Eyes

Brazil Is Unraveling Before Our Eyes

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
And subscribe to Bloomberg Politics for the latest political news:
http://www.youtube.com/BloombergPolitics?sub_confirmation=1
Bloomberg is the FirstWord in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

11:56

Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and the credit cards nightmare.
Visit Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
And don't forget to visit our friend’s podcast, ReconsiderMedia:
http://www.reconsidermedia.com/
Interesting links:
Credit cards in Brazil: https://www.youtube.com/watch?v=qcGuB...
Credit cards interest in Brazil: http://www.businessinsider.com/brazil...
Nintendo leaves Brazil: https://www.techspot.com/news/59374-n...
Installment culture leaves Brazilians with debts: https://www.ft.com/content/29ab1588-5...
VVAA. Has Brazil blown it?. The Economist. September 28th, 2013

13:56

Is The Brazilian Economy CRASHING? - What You Need To Know

Is The Brazilian Economy CRASHING? - What You Need To Know

Is The Brazilian Economy CRASHING? - What You Need To Know

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China. This time is no different.
The cure is simply self sustainability and financial responsibility. It comes down to you as an individual understanding money so you control money rather than being oblivious and controlled BY money.
Doing your own due diligence, you can be prepared for the inevitable to come. Of course fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so you cannot put a date on the crash, but you know it has to come, therefor it's important to understand the clear and present dangers.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
Featuring:
Josh Sigurdson
John Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/
Follow us on Twitter here:
https://twitter.com/WorldAltMedia
FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson
BUYJOHN SNEISEN'S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1
DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072
BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU
Buy Tickets for G. Edward Griffin's much anticipated Red PillExpo 2018 in Spokane, Washington by clicking the link below:
https://redpillexpo.org/wam/ref/26/
WorldAlternative Media
2018
"Find the truth, be the change!"

4:13

Video/Outlook for Brazil’s Economy with Bolsonaro

Video/Outlook for Brazil’s Economy with Bolsonaro

Video/Outlook for Brazil’s Economy with Bolsonaro

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

6:44

Reinventing Brazil's economy

Reinventing Brazil's economy

Reinventing Brazil's economy

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

25:59

Building Brazil - Full Episode

Building Brazil - Full Episode

Building Brazil - Full Episode

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more information: http://www.fpa.org/
Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions documentary series tackles a different challenge facing America today.
Executive Producer: MacDara KingLead Editor: DavidHeidelberger
info@fpa.org

4:17

Brazil's troubled economy: Stumbling up the hill

Brazil's troubled economy: Stumbling up the hill

Brazil's troubled economy: Stumbling up the hill

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

How Socialism Ruined My Country

Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. FelipeMouraBrasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
Donate today to PragerU! http://l.prageru.com/2ylo1Yt
Watch the Portuguese version: https://youtu.be/SbYlUhLHrTU
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Script:
Many American millennials seem to be drawn to socialism. They came out in big numbers for Bernie Sanders in the 2016 presidential primaries. They rail against capitalism on their college campuses. They wear Che Guevara t-shirts to signal their socialist virtue.
I know a lot about socialism. I live in Rio de Janeiro, and I work throughout Brazil as a journalist for a popular magazine.
In the early 2000s, Brazil’s economy was growing rapidly. The government had enacted economic and monetary reforms and divested holdings in some state-run companies, giving the private sector more room to breathe. Inflation—a chronic problem in Brazil—was dramatically reduced. Foreign investors poured into the country, eager to catch a portion of our expanding economy. The future seemed promising.
But today, our economy is in shambles, unemployment and debt are massive, and powerful politicians are being investigated for involvement in the largest scandals of fraud and corruption in the country's history.
What happened?
In 2002, a socialist politician named Lula da Silva ran for the presidency. He was a socialist, but painted himself as a modern, cool kind of socialist. He would be the politician who would heal national divisions and unite everyone. He even had a nickname: “Lulinha paz e amor,” which means "LittleLulapeace and love" in Portuguese.
But the old message about the need for income redistribution to decrease inequality was still there. The media, academic elite and celebrities assured Brazilians that by transferring the money from the rich to the poor, the poor could finally be richer. But the only ones who really got rich were Lula and his corporate and political friends. It only got worse under his successor, Dilma Rousseff.
The socialists increased government spending, deficits, and debt. They called it a “stimulus.” They increased the minimum wage and the benefits of social programs. They called it “social justice.” They increased the salaries and retirement benefits of the civil service. They called it “investing in the future.” They handed out thousands of jobs in the government and state-owned companies as favors to their political allies. And they called it “good governance.”
It worked for a while. Socialism always works at the beginning. But government spending just kept going up, and then Lula’s socialist paradise fell apart and the economy fell with it. The outcome: from 2008 to 2015, government spending grew nearly four times as fast as tax revenue.
The economy shrank 3.8 percent in 2015, the worst result in 25 years. That same year, a World Bank survey found Brazil’s economy to be one of the world’s worst. Out of 189 countries, we were the 16th hardest place to open a business, the 60th most difficult nation in which to register property, and the 12th most complex place to pay taxes.
Economically and morally, the almost 15 years of socialist policies have greatly harmed Brazil. We also remain among the world's leaders in murder and robbery, and we rank near the bottom of industrialized nations in terms of education and health care.
For the complete script, visit https://www.prageru.com/videos/how-socialism-ruined-my-country

Guy Burton discusses Brazil's economy and its president-elect

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands aroun...

published: 06 Oct 2018

Brazil Is Unraveling Before Our Eyes

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
And subscribe to Bloomberg Politics for the latest political news:
http://www.youtube.com/BloombergPolitics?sub_confirmation=1
Bloomberg is the FirstWord in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness...

published: 02 Jun 2016

Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and ...

published: 08 Dec 2017

Is The Brazilian Economy CRASHING? - What You Need To Know

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will ...

published: 10 Jun 2018

Video/Outlook for Brazil’s Economy with Bolsonaro

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

published: 29 Oct 2018

Reinventing Brazil's economy

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

published: 06 Apr 2017

Building Brazil - Full Episode

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more inform...

published: 14 Mar 2016

Brazil's troubled economy: Stumbling up the hill

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

How Brazil's Economic and Political Realities Will Shape the Bolsonaro Administration pt1

On Tuesday, November 13th, the Brazil Institute hosted a half-day conference on what Brazil’s undeniable economic and political realities mean for President-elect Jair Bolsonaro, his administration, and the country.
In the first session, the International Monetary Fund will discuss its finding from the latest Article IV consultation with Brazil and the prospects for economic and fiscal reform. The second session will take a broader look at the current challenges facing the Brazilian economy, including an analysis of its structural characteristics and key sectors, with editors and contributors of the Oxford Handbook of the Brazilian Economy (2018). In the third and final session, panelists will discuss the capacity of the new administration to navigate Brazil’s changing political landscape...

How Socialism Ruined My Country

Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. FelipeMouraBrasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
Donate today to PragerU! http://l.prageru.com/2ylo1Yt
Watch the Portuguese version: https://youtu.be/SbYlUhLHrTU
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Join Pr...

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn...

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands around 100 million people, according to Oxfam International.
Rampant corruption is another issue, and a multi-billion dollar bribery probe called Lava Jato or Car Wash has highlighted the kind of special treatment given to the few.
Reform is needed to bring down debt, tackle violence and fix the unjust public sector pensions system. Civil servants often retire in their early 50s on full pay, yet those born in the favelas (slums), are without access to basic services, according to Al Jazeera'sLucia Newman.
Northeastern Brazil is heavily populated, which makes it a magnet for politicians seeking election. "In this slum there's no sewerage, running water or other basic services ... 60 percent of people in Alagoas live in poverty. Their needs are not great and their pockets so empty, that they're easy prey during election season when politicians come here and buy as many people's votes for as little as $10," reports Newman.
Latin America economist EdwardGlossop of Capital Economics explains that to put Brazil back on track economically, "the main thing investors are looking for is pension reform and deep fiscal reform ... I think future governments will struggle to push this through because it's highly unpopular with the electorate. And also, the reform requires 3/5 majority in Congress and Brazil's Congress is massively fragmented."
According to Glossop, Brazil's digital economy won't be able to help pull the country out of recession - unlike in China and other parts of Asia.
"In places like Brazil, you really need to get the overall economy investment rate up in order to really reap the fruits of the digital economy."
"The business environment is still quite bad and the pension system is still quite generous, which means that domestic savings are very low - there's no incentive to save domestically. Therefore, the investment rate in the economy is too low."
"The digital economy will obviously grow in importance in Brazil [in the future], but it's not going to be a key to growth any time soon," says Glossop.
The cost of medicine
Drug company Nostrum Pharmaceuticals has recently hiked the price of a 65-year-old antibiotic mixture by 400 percent to $2,000 a bottle. Nostrum's wasn't the only price increase last month; it was one of 60, according to Wells Fargo.
From China to the United States, drug price hikes of essential medicines are coming under political scrutiny. In the absence of a world body deciding on the fair pricing of medicine, drugmakers can boost prices so they and middlemen can make bigger profits.
"Each country has its own healthcare system, its own healthcare budget, and by extension its own system of charging or deciding on what a new treatment should be priced at and what is a fair level," explains Gustav Ando, senior director and vice president within the Life SciencesGroup at IHS Markit.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands around 100 million people, according to Oxfam International.
Rampant corruption is another issue, and a multi-billion dollar bribery probe called Lava Jato or Car Wash has highlighted the kind of special treatment given to the few.
Reform is needed to bring down debt, tackle violence and fix the unjust public sector pensions system. Civil servants often retire in their early 50s on full pay, yet those born in the favelas (slums), are without access to basic services, according to Al Jazeera'sLucia Newman.
Northeastern Brazil is heavily populated, which makes it a magnet for politicians seeking election. "In this slum there's no sewerage, running water or other basic services ... 60 percent of people in Alagoas live in poverty. Their needs are not great and their pockets so empty, that they're easy prey during election season when politicians come here and buy as many people's votes for as little as $10," reports Newman.
Latin America economist EdwardGlossop of Capital Economics explains that to put Brazil back on track economically, "the main thing investors are looking for is pension reform and deep fiscal reform ... I think future governments will struggle to push this through because it's highly unpopular with the electorate. And also, the reform requires 3/5 majority in Congress and Brazil's Congress is massively fragmented."
According to Glossop, Brazil's digital economy won't be able to help pull the country out of recession - unlike in China and other parts of Asia.
"In places like Brazil, you really need to get the overall economy investment rate up in order to really reap the fruits of the digital economy."
"The business environment is still quite bad and the pension system is still quite generous, which means that domestic savings are very low - there's no incentive to save domestically. Therefore, the investment rate in the economy is too low."
"The digital economy will obviously grow in importance in Brazil [in the future], but it's not going to be a key to growth any time soon," says Glossop.
The cost of medicine
Drug company Nostrum Pharmaceuticals has recently hiked the price of a 65-year-old antibiotic mixture by 400 percent to $2,000 a bottle. Nostrum's wasn't the only price increase last month; it was one of 60, according to Wells Fargo.
From China to the United States, drug price hikes of essential medicines are coming under political scrutiny. In the absence of a world body deciding on the fair pricing of medicine, drugmakers can boost prices so they and middlemen can make bigger profits.
"Each country has its own healthcare system, its own healthcare budget, and by extension its own system of charging or deciding on what a new treatment should be priced at and what is a fair level," explains Gustav Ando, senior director and vice president within the Life SciencesGroup at IHS Markit.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/

Brazil Is Unraveling Before Our Eyes

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is pa...

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
And subscribe to Bloomberg Politics for the latest political news:
http://www.youtube.com/BloombergPolitics?sub_confirmation=1
Bloomberg is the FirstWord in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
And subscribe to Bloomberg Politics for the latest political news:
http://www.youtube.com/BloombergPolitics?sub_confirmation=1
Bloomberg is the FirstWord in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil ...

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and the credit cards nightmare.
Visit Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
And don't forget to visit our friend’s podcast, ReconsiderMedia:
http://www.reconsidermedia.com/
Interesting links:
Credit cards in Brazil: https://www.youtube.com/watch?v=qcGuB...
Credit cards interest in Brazil: http://www.businessinsider.com/brazil...
Nintendo leaves Brazil: https://www.techspot.com/news/59374-n...
Installment culture leaves Brazilians with debts: https://www.ft.com/content/29ab1588-5...
VVAA. Has Brazil blown it?. The Economist. September 28th, 2013

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and the credit cards nightmare.
Visit Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
And don't forget to visit our friend’s podcast, ReconsiderMedia:
http://www.reconsidermedia.com/
Interesting links:
Credit cards in Brazil: https://www.youtube.com/watch?v=qcGuB...
Credit cards interest in Brazil: http://www.businessinsider.com/brazil...
Nintendo leaves Brazil: https://www.techspot.com/news/59374-n...
Installment culture leaves Brazilians with debts: https://www.ft.com/content/29ab1588-5...
VVAA. Has Brazil blown it?. The Economist. September 28th, 2013

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China. This time is no different.
The cure is simply self sustainability and financial responsibility. It comes down to you as an individual understanding money so you control money rather than being oblivious and controlled BY money.
Doing your own due diligence, you can be prepared for the inevitable to come. Of course fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so you cannot put a date on the crash, but you know it has to come, therefor it's important to understand the clear and present dangers.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
Featuring:
Josh Sigurdson
John Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/
Follow us on Twitter here:
https://twitter.com/WorldAltMedia
FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson
BUYJOHN SNEISEN'S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1
DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072
BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU
Buy Tickets for G. Edward Griffin's much anticipated Red PillExpo 2018 in Spokane, Washington by clicking the link below:
https://redpillexpo.org/wam/ref/26/
WorldAlternative Media
2018
"Find the truth, be the change!"

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China. This time is no different.
The cure is simply self sustainability and financial responsibility. It comes down to you as an individual understanding money so you control money rather than being oblivious and controlled BY money.
Doing your own due diligence, you can be prepared for the inevitable to come. Of course fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so you cannot put a date on the crash, but you know it has to come, therefor it's important to understand the clear and present dangers.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
Featuring:
Josh Sigurdson
John Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/
Follow us on Twitter here:
https://twitter.com/WorldAltMedia
FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson
BUYJOHN SNEISEN'S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1
DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072
BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU
Buy Tickets for G. Edward Griffin's much anticipated Red PillExpo 2018 in Spokane, Washington by clicking the link below:
https://redpillexpo.org/wam/ref/26/
WorldAlternative Media
2018
"Find the truth, be the change!"

Video/Outlook for Brazil’s Economy with Bolsonaro

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not ...

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

Reinventing Brazil's economy

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henr...

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes

Building Brazil - Full Episode

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important...

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more information: http://www.fpa.org/
Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions documentary series tackles a different challenge facing America today.
Executive Producer: MacDara KingLead Editor: DavidHeidelberger
info@fpa.org

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more information: http://www.fpa.org/
Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions documentary series tackles a different challenge facing America today.
Executive Producer: MacDara KingLead Editor: DavidHeidelberger
info@fpa.org

Brazil's troubled economy: Stumbling up the hill

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose ...

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. FelipeMouraBrasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
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Script:
Many American millennials seem to be drawn to socialism. They came out in big numbers for Bernie Sanders in the 2016 presidential primaries. They rail against capitalism on their college campuses. They wear Che Guevara t-shirts to signal their socialist virtue.
I know a lot about socialism. I live in Rio de Janeiro, and I work throughout Brazil as a journalist for a popular magazine.
In the early 2000s, Brazil’s economy was growing rapidly. The government had enacted economic and monetary reforms and divested holdings in some state-run companies, giving the private sector more room to breathe. Inflation—a chronic problem in Brazil—was dramatically reduced. Foreign investors poured into the country, eager to catch a portion of our expanding economy. The future seemed promising.
But today, our economy is in shambles, unemployment and debt are massive, and powerful politicians are being investigated for involvement in the largest scandals of fraud and corruption in the country's history.
What happened?
In 2002, a socialist politician named Lula da Silva ran for the presidency. He was a socialist, but painted himself as a modern, cool kind of socialist. He would be the politician who would heal national divisions and unite everyone. He even had a nickname: “Lulinha paz e amor,” which means "LittleLulapeace and love" in Portuguese.
But the old message about the need for income redistribution to decrease inequality was still there. The media, academic elite and celebrities assured Brazilians that by transferring the money from the rich to the poor, the poor could finally be richer. But the only ones who really got rich were Lula and his corporate and political friends. It only got worse under his successor, Dilma Rousseff.
The socialists increased government spending, deficits, and debt. They called it a “stimulus.” They increased the minimum wage and the benefits of social programs. They called it “social justice.” They increased the salaries and retirement benefits of the civil service. They called it “investing in the future.” They handed out thousands of jobs in the government and state-owned companies as favors to their political allies. And they called it “good governance.”
It worked for a while. Socialism always works at the beginning. But government spending just kept going up, and then Lula’s socialist paradise fell apart and the economy fell with it. The outcome: from 2008 to 2015, government spending grew nearly four times as fast as tax revenue.
The economy shrank 3.8 percent in 2015, the worst result in 25 years. That same year, a World Bank survey found Brazil’s economy to be one of the world’s worst. Out of 189 countries, we were the 16th hardest place to open a business, the 60th most difficult nation in which to register property, and the 12th most complex place to pay taxes.
Economically and morally, the almost 15 years of socialist policies have greatly harmed Brazil. We also remain among the world's leaders in murder and robbery, and we rank near the bottom of industrialized nations in terms of education and health care.
For the complete script, visit https://www.prageru.com/videos/how-socialism-ruined-my-country

Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. FelipeMouraBrasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
Donate today to PragerU! http://l.prageru.com/2ylo1Yt
Watch the Portuguese version: https://youtu.be/SbYlUhLHrTU
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Script:
Many American millennials seem to be drawn to socialism. They came out in big numbers for Bernie Sanders in the 2016 presidential primaries. They rail against capitalism on their college campuses. They wear Che Guevara t-shirts to signal their socialist virtue.
I know a lot about socialism. I live in Rio de Janeiro, and I work throughout Brazil as a journalist for a popular magazine.
In the early 2000s, Brazil’s economy was growing rapidly. The government had enacted economic and monetary reforms and divested holdings in some state-run companies, giving the private sector more room to breathe. Inflation—a chronic problem in Brazil—was dramatically reduced. Foreign investors poured into the country, eager to catch a portion of our expanding economy. The future seemed promising.
But today, our economy is in shambles, unemployment and debt are massive, and powerful politicians are being investigated for involvement in the largest scandals of fraud and corruption in the country's history.
What happened?
In 2002, a socialist politician named Lula da Silva ran for the presidency. He was a socialist, but painted himself as a modern, cool kind of socialist. He would be the politician who would heal national divisions and unite everyone. He even had a nickname: “Lulinha paz e amor,” which means "LittleLulapeace and love" in Portuguese.
But the old message about the need for income redistribution to decrease inequality was still there. The media, academic elite and celebrities assured Brazilians that by transferring the money from the rich to the poor, the poor could finally be richer. But the only ones who really got rich were Lula and his corporate and political friends. It only got worse under his successor, Dilma Rousseff.
The socialists increased government spending, deficits, and debt. They called it a “stimulus.” They increased the minimum wage and the benefits of social programs. They called it “social justice.” They increased the salaries and retirement benefits of the civil service. They called it “investing in the future.” They handed out thousands of jobs in the government and state-owned companies as favors to their political allies. And they called it “good governance.”
It worked for a while. Socialism always works at the beginning. But government spending just kept going up, and then Lula’s socialist paradise fell apart and the economy fell with it. The outcome: from 2008 to 2015, government spending grew nearly four times as fast as tax revenue.
The economy shrank 3.8 percent in 2015, the worst result in 25 years. That same year, a World Bank survey found Brazil’s economy to be one of the world’s worst. Out of 189 countries, we were the 16th hardest place to open a business, the 60th most difficult nation in which to register property, and the 12th most complex place to pay taxes.
Economically and morally, the almost 15 years of socialist policies have greatly harmed Brazil. We also remain among the world's leaders in murder and robbery, and we rank near the bottom of industrialized nations in terms of education and health care.
For the complete script, visit https://www.prageru.com/videos/how-socialism-ruined-my-country

🇧🇷 Brazil elections: Can a new president save the economy? | Counting the Cost

As Brazilians head to the polls to elect their next president, many worry about the country's crippled economy and whether a new government will be able to turn the tide.
Brazil is Latin America's largest economy and the "B" in the "BRICs". When PresidentLuiz Inacio "Lula" da Silva left office in January 2011, Brazil was widely regarded as Latin America's economic miracle.
Today, it's a country struggling with recession and high unemployment where there is widespread unhappiness at the deteriorating quality of life. And when the country's national museum tragically went up in flames last month, many saw it as a metaphor for their own struggles.
Inequality is one of the problems: Brazil's six richest men have as much wealth as the poorest 50 percent of the population, which stands around 100 million people, according to Oxfam International.
Rampant corruption is another issue, and a multi-billion dollar bribery probe called Lava Jato or Car Wash has highlighted the kind of special treatment given to the few.
Reform is needed to bring down debt, tackle violence and fix the unjust public sector pensions system. Civil servants often retire in their early 50s on full pay, yet those born in the favelas (slums), are without access to basic services, according to Al Jazeera'sLucia Newman.
Northeastern Brazil is heavily populated, which makes it a magnet for politicians seeking election. "In this slum there's no sewerage, running water or other basic services ... 60 percent of people in Alagoas live in poverty. Their needs are not great and their pockets so empty, that they're easy prey during election season when politicians come here and buy as many people's votes for as little as $10," reports Newman.
Latin America economist EdwardGlossop of Capital Economics explains that to put Brazil back on track economically, "the main thing investors are looking for is pension reform and deep fiscal reform ... I think future governments will struggle to push this through because it's highly unpopular with the electorate. And also, the reform requires 3/5 majority in Congress and Brazil's Congress is massively fragmented."
According to Glossop, Brazil's digital economy won't be able to help pull the country out of recession - unlike in China and other parts of Asia.
"In places like Brazil, you really need to get the overall economy investment rate up in order to really reap the fruits of the digital economy."
"The business environment is still quite bad and the pension system is still quite generous, which means that domestic savings are very low - there's no incentive to save domestically. Therefore, the investment rate in the economy is too low."
"The digital economy will obviously grow in importance in Brazil [in the future], but it's not going to be a key to growth any time soon," says Glossop.
The cost of medicine
Drug company Nostrum Pharmaceuticals has recently hiked the price of a 65-year-old antibiotic mixture by 400 percent to $2,000 a bottle. Nostrum's wasn't the only price increase last month; it was one of 60, according to Wells Fargo.
From China to the United States, drug price hikes of essential medicines are coming under political scrutiny. In the absence of a world body deciding on the fair pricing of medicine, drugmakers can boost prices so they and middlemen can make bigger profits.
"Each country has its own healthcare system, its own healthcare budget, and by extension its own system of charging or deciding on what a new treatment should be priced at and what is a fair level," explains Gustav Ando, senior director and vice president within the Life SciencesGroup at IHS Markit.
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Brazil Is Unraveling Before Our Eyes

Brazil is in crisis. The economy has sunk into its biggest slump in a century and political instability surrounding President DilmaRousseff's impeachment is paralyzing the country. Bloomberg QuickTakes explains how it's been a slow unraveling for the world's fifth largest country.
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Why is BRAZIL so EXPENSIVE? - VisualPolitik EN

Lately, we hear a lot if news about corruption, urban violence and political crisis in Brazil. Nonetheless, there is another important characteristic of Brazil that is not so much covered by media: their relatively high cost of living. Brazil is, by far, the most expensive country in South America. But their salaries are not that high. In fact, other countries in the region have way better wages.
Brazilians have even a term to define this discrepancy. They call it “custo brazil”. It is the price you have to pay for living in the land of samba and carnival.
So why does this happen and how do the Brazilian people live with so many high prices? In this video, we will talk about the political and economic reaons that made this country so expensive. The high tariffs, the instalment culture and the credit cards nightmare.
Visit Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
And don't forget to visit our friend’s podcast, ReconsiderMedia:
http://www.reconsidermedia.com/
Interesting links:
Credit cards in Brazil: https://www.youtube.com/watch?v=qcGuB...
Credit cards interest in Brazil: http://www.businessinsider.com/brazil...
Nintendo leaves Brazil: https://www.techspot.com/news/59374-n...
Installment culture leaves Brazilians with debts: https://www.ft.com/content/29ab1588-5...
VVAA. Has Brazil blown it?. The Economist. September 28th, 2013

Is The Brazilian Economy CRASHING? - What You Need To Know

Josh Sigurdson talks with author and economic analyst JohnSneisen about the Brazilian Real, Brazil's currency as it continues to tank.
El-Erian, the Chief Economic Adviser to Allianz SE as well as a Bloomberg contributor has warned that Brazil may be the next emerging market domino to fall.
The Brazilian currency, the Real has seen a vast loss in value, even after Brazil's central bank offered $1.5 billion in extra swap contracts. Isn't that hilarious. Who would've thunk?
As risks become greater, more centralization is obviously not the answer, but of course that is exactly what the government and banking system will do. Debt subservience is the name of the game and you are the props.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China. This time is no different.
The cure is simply self sustainability and financial responsibility. It comes down to you as an individual understanding money so you control money rather than being oblivious and controlled BY money.
Doing your own due diligence, you can be prepared for the inevitable to come. Of course fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so you cannot put a date on the crash, but you know it has to come, therefor it's important to understand the clear and present dangers.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
Featuring:
Josh Sigurdson
John Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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Video/Outlook for Brazil’s Economy with Bolsonaro

Liberalizations, privatizations, deregulation - Jair Bolsonaro has promised pro business policies. Done in the right way – not creating private monopolies, not deregulating the environmental sector and with pro competition policies for example - it could render Brazil’s economy more modern and competitive, explains in this video Antonella Mori of the Department of Social & Political Sciences. Done in the wrong way, the policies could increase inequalities in the country or further damage the environment.

Reinventing Brazil's economy

Watch 'Reinventing Brazil's economy' and more on FT.com: http://on.ft.com/2odegta
The finance minister and former president of the central bank of Brazil, Henrique Meirelles, explains to John Authers what reforms are needed for the country to overcome its current crisis
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Building Brazil - Full Episode

In 2014, our GreatDecisions episode presented Brazil as a country full of hope, both as an economic powerhouse but also as a strong democracy with an important role to play in international affairs.
Fast-forward to today's corruption scandals that served as a catalyst for the dual political and economic crisis and the country is unrecognizable.
From 2014: "Brazil is the “B” in the acronym BRICS, five emerging economies once seen as soon-to-be superpowers. After economic troubles in the 1990s, Brazil has risen to new global prominence—drawing in more investment, working on global issues ranging from climate change to peacekeeping, and even hosting the 2016 Olympics."
Full episode from the Great Decisions PBS series:
http://www.greatdecisionsonpbs.com/
Visit our website for more information: http://www.fpa.org/
Narrated by Academy Award nominated actor David Strathairn and produced by the Foreign Policy Association, each half-hour episode of the Great Decisions documentary series tackles a different challenge facing America today.
Executive Producer: MacDara KingLead Editor: DavidHeidelberger
info@fpa.org

Brazil's troubled economy: Stumbling up the hill

After a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentum. For more video content from The Economist visit our website: http://econ.st/1eZWcb5

How Socialism Ruined My Country

Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. FelipeMouraBrasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
Donate today to PragerU! http://l.prageru.com/2ylo1Yt
Watch the Portuguese version: https://youtu.be/SbYlUhLHrTU
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Script:
Many American millennials seem to be drawn to socialism. They came out in big numbers for Bernie Sanders in the 2016 presidential primaries. They rail against capitalism on their college campuses. They wear Che Guevara t-shirts to signal their socialist virtue.
I know a lot about socialism. I live in Rio de Janeiro, and I work throughout Brazil as a journalist for a popular magazine.
In the early 2000s, Brazil’s economy was growing rapidly. The government had enacted economic and monetary reforms and divested holdings in some state-run companies, giving the private sector more room to breathe. Inflation—a chronic problem in Brazil—was dramatically reduced. Foreign investors poured into the country, eager to catch a portion of our expanding economy. The future seemed promising.
But today, our economy is in shambles, unemployment and debt are massive, and powerful politicians are being investigated for involvement in the largest scandals of fraud and corruption in the country's history.
What happened?
In 2002, a socialist politician named Lula da Silva ran for the presidency. He was a socialist, but painted himself as a modern, cool kind of socialist. He would be the politician who would heal national divisions and unite everyone. He even had a nickname: “Lulinha paz e amor,” which means "LittleLulapeace and love" in Portuguese.
But the old message about the need for income redistribution to decrease inequality was still there. The media, academic elite and celebrities assured Brazilians that by transferring the money from the rich to the poor, the poor could finally be richer. But the only ones who really got rich were Lula and his corporate and political friends. It only got worse under his successor, Dilma Rousseff.
The socialists increased government spending, deficits, and debt. They called it a “stimulus.” They increased the minimum wage and the benefits of social programs. They called it “social justice.” They increased the salaries and retirement benefits of the civil service. They called it “investing in the future.” They handed out thousands of jobs in the government and state-owned companies as favors to their political allies. And they called it “good governance.”
It worked for a while. Socialism always works at the beginning. But government spending just kept going up, and then Lula’s socialist paradise fell apart and the economy fell with it. The outcome: from 2008 to 2015, government spending grew nearly four times as fast as tax revenue.
The economy shrank 3.8 percent in 2015, the worst result in 25 years. That same year, a World Bank survey found Brazil’s economy to be one of the world’s worst. Out of 189 countries, we were the 16th hardest place to open a business, the 60th most difficult nation in which to register property, and the 12th most complex place to pay taxes.
Economically and morally, the almost 15 years of socialist policies have greatly harmed Brazil. We also remain among the world's leaders in murder and robbery, and we rank near the bottom of industrialized nations in terms of education and health care.
For the complete script, visit https://www.prageru.com/videos/how-socialism-ruined-my-country

Brazil's economy is the largest of Latin America and the second largest in the Western Hemisphere. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%, with its economy in 2012 surpassing that of the United Kingdom, making Brazil the world's sixth largest economy. However, Brazil's economy growth has decelerated in 2013 and had almost no liquid growth throughout 2014, and the country's economy is expected to shrink by 4% in 2015.

According to the World Economic Forum, Brazil was the top country in upward evolution of competitiveness in 2009, gaining eight positions among other countries, overcoming Russia for the first time, and partially closing the competitiveness gap with India and China among the BRIC economies. Important steps taken since the 1990s toward fiscal sustainability, as well as measures taken to liberalize and open the economy, have significantly boosted the country's competitiveness fundamentals, providing a better environment for private-sector development.

Government and business leaders trek to the freezing Swiss Alps next week for the annual Davos conclave, taking heat from a populist wave encapsulated in Brazil’s new far-right leader, trade conflicts and the looming onset of Brexit ...The new leader of Latin America’s largest economy will give the keynote address in Davos on Tuesday....

BRASILIA (Reuters) - Brazil's president will ... 1 vowing to end years of graft and crack down on violent criminals, will also pledge to lower rampant bureaucracy in Brazil, which many view as a drag on the country's stuttering economy, said the source, who asked not to be identified....

Government and business leaders trek to the freezing Swiss Alps next week for the annual Davos conclave, taking heat from a populist wave encapsulated in Brazil’s new far-right leader, trade conflicts and the looming onset of Brexit ...The new leader of Latin America’s largest economy will give the keynote address in Davos on Tuesday....

BRASILIA (Reuters) - Brazil's president will ... 1 vowing to end years of graft and crack down on violent criminals, will also pledge to lower rampant bureaucracy in Brazil, which many view as a drag on the country's stuttering economy, said the source, who asked not to be identified....

In Trump's absence, Brazil's new far-right president, Jair Bolsonaro, will grab the Davos limelight when he outlines his economic agenda in a keynote address during his first trip abroad since taking office earlier this month ... It begins with a report card on the world economy from the International Monetary Fund.&nbsp;....

It is possible that this new evangelism may be moderated by the pragmatic economy minister PauloGuedes, but President Bolsonaro is unlikely to abandon his core beliefs, which could well disrupt Brics, particularly as Brazil is due to host the next summit ... A non-BJP Indian Prime Minister may find Brazil a less palatable partner....

"It seems they are paralyzed by how complex Brazil's state is and also by internal disagreements." ... The lack of a cohesive plan is raising questions about Bolsonaro's commitment and ability to deliver on promises ranging from a major overhaul of the pension system to moving Brazil's embassy in Israel from Tel Aviv to Jerusalem....

In Trump's absence, Brazil's new far-right president, Jair Bolsonaro, will grab the Davos limelight when he outlines his economic agenda in a keynote address during his first trip abroad since taking office earlier this month ... It begins with a report card on the world economy from the International Monetary Fund....

NEW YORK, Jan. 17, 2019 /PRNewswire/ -- ... Read the full report. https.//www.reportlinker.com/p05723874 ... The growth of the market is primarily driven by the increasing use of packaging for performance and environmental reasons in emerging economies such as India, China, Thailand, Indonesia, Brazil, and Argentina ... • By company type ... • By designation ... US....

Most Latin American stocks rose on Thursday, with Brazil shares scaling new heights amid hopes that the new government's promised pension reforms plans may be revealed earlier than expected ...Brazil's EconomyMinisterPaulo Gu ... ....

"It seems they are paralyzed by how complex Brazil's state is and also by internal disagreements." ... The lack of a cohesive plan is raising questions about Bolsonaro's commitment and ability to deliver on promises ranging from a major overhaul of the pension system to moving Brazil's embassy in Israel from Tel Aviv to Jerusalem....